The Wall Street Journal reports that Facebook is talking to Hollywood studios and agencies about producing TV-quality shows with an eye toward launching original programming by late summer, people familiar with the matter say. In meetings with major talent agencies including Creative Artists Agency, United Talent Agency, William Morris Endeavor and ICM Partners, Facebook has indicated it is willing to commit to production budgets as high as $3 million per episode, people familiar with the situation say. WSJ subscribers can read the full story here.
April 25, 2024
Earlier News by Date
Editor on Duty: Mark K. Miller
Stay Connected
Subscribe
Events
-
Streaming Revenue Strategies for Local TV
16 May 2024
-
Collaboration and News Production in 2024
23 May 2024
- View more events
Comments (3)
Dan Levitt says:
June 26, 2017 at 10:02 am
Why on Earth would FB be interested in dealing with Hollywood’s usual suspects? I would have expected an unconventional route, their entertainment head either doesn’t know what they’re doing or is just looking to give work to their buddies. I think FB is starting to lose the focus of what they are all about, why go the old school route?
Cheryl Thorne says:
June 26, 2017 at 10:34 am
Broadcast television/local affiliates as I have said, are in for a rude awakening…how hard is this to see knucleheads???i n the next 10 years they won’t have an audience share combined in any market of over 30-35 %…it’s too late the cats are out of the bags and running…and the heads of broadcast groups/local stations are all probably looking at their retirement dates and bank accounts and panicking…..and the Stanford MBA’s buying the ads are still paying their rates ??
Dan Levitt says:
June 26, 2017 at 11:03 am
just what we need – more Cop Show Drama’s and Situation Comedies located in an Apartment, Newsroom or Workplace that have the same exact storyline’s and set-up insults for punchlines